Cachet Pharmaceutical Co., Ltd. Reports Earnings Results for the Nine Months Ended September 30, 2019
October 16, 2019 at 03:51 pm IST
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Cachet Pharmaceutical Co., Ltd. announced earnings results for the nine months ended September 30, 2019. For the nine months, the company announced sales was CNY 15,804.771 million compared to CNY 13,163.580 million a year ago. Operating income was CNY 689.767 million compared to CNY 605.371 million a year ago. Net income was CNY 295.652 million compared to CNY 260.192 million a year ago. Basic earnings per share from continuing operations was CNY 1.01 compared to CNY 1.04 a year ago. Sales was CNY 839.165 million compared to CNY 510.870 million a year ago. Operating income was CNY 81.315 million compared to CNY 30.433 million a year ago. Net income was CNY 64.986 million compared to CNY 24.756 million a year ago. Basic earnings per share from continuing operations was CNY 0.337 compared to CNY 0.1282 a year ago. Sales was CNY 1,041.659 million compared to CNY 645.635 million a year ago. Operating income was CNY 35.120 million compared to CNY 25.030 million a year ago. Net income was CNY 23.619 million compared to CNY 22.709 million a year ago. Basic earnings per share from continuing operations was CNY 0.23 compared to CNY 0.22 a year ago.
Cachet Pharmaceutical Co., Ltd. is a China-based company, principally engaged in the wholesale and retailing of pharmaceuticals. The Company mainly operates pharmaceutical wholesale business, which is engaged in the distribution of pharmaceuticals to the hospitals and community hospitals, and medical equipment sales business. In addition, the Company is also engaged in the pharmaceuticals retail business, which operates regular chain drug stores. It is also engaged in the pharmaceutical logistics, including sorting, storage and delivery services. The Company operates its businesses in Beijing and others.
CACHET PHARMACEUTICAL CO., LTD. 
